I could see a sell forming as price action seems like market makers want to run on this demand zone pushing down to the next level for a nice sell setup that should short for over 250pips from sell zone in markup resulting in over 2:1 risk to reward.
GBPUSD is about to head into this weekend on a 2-month high. GBPUSD is now testing the Mid-September high around 1.173, after building upon a series of higher lows and higher highs. We can see some good momentum in this pair in the upcoming week & can target LEVEL 1.1900 & 1.2100. Unless we make any corrections there is a high chance that the price will...
Based on technical factors there is a Short position in : 📊 GBPCHF 🔴 Short Now 1.12500 🧯 Stop loss 1.13382 🏹 Target 1 1.11741 🏹 Target 2 1.10487 💸RISK : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
Based on technical factors there is a Short position in : 📊 CADJPY 🔴 Short Now 104.82 🧯 Stop loss 107.46 🏹 Target 1 103.40 🏹 Target 2 101.27 🏹 Target 3 98.75 💸RISK : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
LET THE PATIENCE PAY THE BILL I have redrawn the trendline now to be more clear. All you need Is patience. Wait for the signal in the H4. Mind you, there will be manipulation from the smart money, the banks around here to hunt for the stop losses. Be careful. Don't rush. Let the market show you the direction. Signal To Watch For : H4 bearish signal
EURUSD demonstrates active growth. Since Monday, during the week, the price strengthened by 2.8%, which is a tangible movement for forex. (Chart 1. Global chart showing the change in the trend of the main pair EURUSD) On the chart, we can see a breakdown of the resistance of the ascending channel, which hints that the upside movement might accelerate. I...
Good morning there. I know that some of us lost money yesterday. Fine! That's the inevitable event in forex. We win, we lose. But the winning streak must be more than the losing streak. That's the fact about making money from forex. What do we have today? In the GU market, I see a reversal, the big one. Why? It's because the price is currently at the event area,...
The current wave of BULLS is exhausted signaling the BEARS taking over and i will according to DANCOLNATION CAPITAL STRATEGY take 50% of my profit at 100% retracement (TP 1) and the other half at TP 2, and will reanalyze the market
My 1st TP at 0.60672 has been reached successfully. I now expect a retracement back to 0.56300 (my initial BUY AREA). I did take partial profits when the 0.57700 was broken then added more BUY positions at that point. I have now closed all NZDUSD positions. If you can read what market-makers are doing in the market YOU WILL BE HIGHLY PROFITABLE....BELIEVE...
USDJPY has respected my analysis. I did mention in my previous analyses that USDJPY is going to fall back to my 3rd TP. I have closed all positions. Money's in THE BAG!!! I'm now watching the market-maker's moves. They are currently fishing for STOP LOSSES at the 140.800 zone. This zone is now a very important...
GBPUSD sell now 1.16740, and set a sell limit at 1.17253, SL 1.17848, tp 1.15247- 1.14938 ( Reason to sell: D1 resistance + AO divergence & RSI overbought at M30&M15)
Gold have a pullback to support (1630-1635) > the support is not broken > it wil go up to Fibo 2.618 - 1789
As I said in my previous analysis, there is a very high chance that 1.03 is the bottom for GbpUsd, and as long as 1.1 holds, 1.1750 is in focus. Yesterday this zone was touched and we can see from the posted chart that 1.1750-1.18 is an extremely important resistance. Even if 1.03 is the bottom, I don't think that GbpUsd will start an up trend in the near future...
GOLD drop to the support (1730-1735) and breaks this zone > it will continue to go lower 1705-1680-1630
USDJPY buy 142.034, SL 139.8, TP 143.7-145 ( Reason to buy : RSI oversold in H4, AO divergence in M30 & H1)
Wait for confirmation to go long from this demand zone as the market could give a very lucrative bullish push resulting in over 400pips of profits.
The AUDNZD pair followed exactly the pattern we presented on our previous analysis on September 23 and after completing a standard +4.70% rise on the blue Channel Up, it broke below it: The pattern that was our benchmark on this accurate projection was the January - July 2021 Megaphone. After a rebound on the 0.786 Fibonacci level, the price got sold-off to a...
The NZDJPY pair followed very closely the trading plan we presented on our last September 22 analysis: As you see after a drop to the 1.236 Fibonacci extension, the price rebounded aggressively back to the Resistance Zone. What helped us make this accurate projection were the striking similarities that presented early on with the June - September 2021...